Mike
1.2K posts
@N0nGaap_
Mostly tweet about investing, governance, strategy, board dynamics, & random equity research topics. DM open..
🚨🚨EXCLUSIVE-> U.S. officials admit biggest miscalculation of Iran war -planning. @axios obtained the secret Ukraine drone deal Trump Admin rejected - and now regrets⬇️ axios.com/2026/03/10/us-…
BREAKING: Millions of files related to Jeffrey Epstein suggest the existence of a 'global criminal enterprise' that carried out acts meeting the legal threshold of crimes against humanity, a panel of independent experts appointed by the UN Human Rights Council has said
If Elon merges SpaceX into Tesla does he get credit for hitting the overall market cap targets in his new Tesla comp plan?
A week ago, a senator's son was bought out of his ~10% position in $RICK at a 50% premium to the market. Today, the CEO and CFO resigned. Jay Clayton, @SDNYnews , whatcha got?
Every PM is hackable. It’s normal, you give a smart analyst a system, his fiduciary duty to his wallet is to hack it. Fun story: at one of the Cubbies in the early aughts, an analyst there figured out that whenever someone pitched an idea to the PM, the PM would look at the holders’ list and if Steve Mandel was on it, the idea would get in the book immediately. So what does the analyst do? Dry humps Lone Pine’s 13fs, gets his hands on their letters and exposure reports and only works on ideas that Steve is long. Kid is eventually 30% + of long exposure.
Interesting article in WSJ about how the secondhand market is providing intense competition for luxury brands Gen Z still loves luxury, they are just buying it used Was surprised to see $REAL is a ten-bagger off the lows. Never seen it discussed
Nvidia shuts down circular financing concerns. Piper Sandler: NVDA’s investments in OpenAI & neoclouds can’t be used to buy Nvidia GPUs. Funds are restricted to land, power, and hiring. Implies a separation between investment and sales. I’m awaiting $NVDA comment
Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures cnbc.com/2025/10/13/gol…
I’m on Team Ballmer. As much as I wish they circumvented the salary cap, First Steve isn’t that dumb. If he did try to feed KL money, knowing what was at stake for him personally, and his team, do you think he would let the company go bankrupt ? Knowing all creditors would be visible to the world ? They got scammed by Aspiration, along with many others. Crimes for which they pleaded guilty last week. Scammers do scammy things. They did a $300m sponsorship deal with the clippers in 2021. That’s a HUGE deal. The better the team does , the more value the sponsorship has. It actually makes perfect sense that if they stole money from investors and want the clippers to succeed, why not give stolen money to help keep their best player ? It’s sad that @PabloTorre didn’t take the time to find out how these scammers pulled off their scam. The idea that the default is Ballmer is the bad guy is going to back fire on him.
Exclusive: Kawhi Leonard signed a $28M endorsement deal for a "no-show job" with a fraudulent tree-planting company funded by $50M from Clippers owner Steve Ballmer, according to documents obtained by @PabloTorre. "It was to circumvent the salary cap," an inside source says.
Weekend thoughts: incentives and bad corporate governance yetanothervalueblog.com/p/weekend-thou…
Weekend thoughts: incentives and bad corporate governance yetanothervalueblog.com/p/weekend-thou…
